Analysts expect Nintendo to report second annual loss tomorrow
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Nintendo is expected to post its yearly financials tomorrow, and Bloomberg expects the firm to announce a ¥18.7 billion ($189 million) loss of the period. Last year, the firm announced its first-ever annual loss. According to Ace Securities Co. analyst Hideki Yasuda, many aren't happy with how president Satoru Iwata is running the company. "Iwata hasn't produced good results in recent years," he told Bloomberg. "He can't avoid being criticized." Via Gamespot.
